Krishnakumar Natarajan, Co-founder at Mela Ventures, discusses his firm’s AI investment thesis.
>>>Sramana Mitra: There’s a part that is very worrisome. Have you read Yuval Noah Harari’s most recent book, Nexus?
>>>Sramana Mitra: I think the capabilities are extremely interesting. You can bring it down to areas where we can actually apply things like that, where there will be immediate value, and we can build a business around that.
I think interviewing candidates is one such application. Instead of ten candidates, if you want to interview 1,000 candidates and filter that down to the ten that are a good fit, that is a great application of this kind of technology or human representation technology that you’re talking about.
>>>Sramana Mitra: Let’s discuss the ones that are lower hanging fruits. It would be interesting for us to hear what you have invested in, where you don’t think the price is so far out and where you can start seeing real value or impact now. What are some of the companies that you’ve invested in and why?
>>>Sramana Mitra: Which ones do you categorize as the ones that are going to be the harder to deal with?
Daniel Cohen: There are areas in the world that technology has disrupted and yet not disrupted at all. If you look at Healthcare, on one hand, of course our life’s changed completely, but then there’re some things that are exactly the same.
>>>Daniel Cohen, General Partner at Viola Ventures, discusses his firm’s AI Investment thesis. If you have been following this series, you know that it has yielded a lot of insights.
>>>Sramana Mitra: So this is a question, Ben, time-wise. I know you’re passionate about food and the whole food-oriented lifestyle. What is your view about cooking?
>>>Sramana Mitra: One of the things that I’m excited about in what’s happening right now is the smaller businesses’ ability to afford technology. For that to be more and more interesting, there will need to be more and more interesting technology available at really low prices that are affordable for the small businesses. That opportunity is still very big.
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